Earnings Recap - February 07, 2026 (Morning)

 ## Overnight Earnings Movers Companies that reported after yesterday's close or before today's open: ### Beats & Positive Reactions **$LITE** - [Lumentum] - Reported Q1 earnings of $1.00 per share, beating estimates of $0.71. Revenue also surpassed expectations at $525 million, up from $468 million last year. Stock surged 41% as the company swung to profit, indicating strong demand in its markets. **$ENPH** - [Enphase Energy] - Reported Q4 earnings of $1.10 per share, outpacing estimates of $0.80, and revenue of $570 million, exceeding expectations. The stock climbed 35% following the positive results. **$JBLU** - [JetBlue] - Reported lower-than-expected losses for Q4, with a net loss of $0.30 per share against expectations of a deeper loss of $0.50. The stock jumped 30.6% on the upbeat outlook for 2026. ### Misses & Negative Reactions **$BSX** - [Boston Scientific] - Reported Q4 EPS of $0.90, missing the consensus estimate of $0.92. Revenue was flat at $3.32 billion, leading to a negative stock reaction as investors expressed concerns over growth stagnation. **$MHO** - [M/I Homes] - Reported Q4 earnings of $2.25 per share, slightly below the expected $2.30. Revenue fell short at $1.03 billion, down from $1.10 billion, causing the stock to decline. ## Reporting Today Companies expected to report earnings today: - **$CASY** - After market - Key metrics to watch include same-store sales and guidance for 2026. - **$COP** - Before market - Analysts will focus on production levels and cost-cutting measures. - **$TOL** - After market - Look for insights on housing market trends and forward guidance. ## Earnings Themes What patterns are emerging from recent reports? - Revenue trends: Companies like **$LITE** and **$ENPH** show robust growth driven by strong demand, indicating a positive outlook in their respective sectors. - Margin pressures or expansion: While some companies face margin pressures, the strong performances of **$LITE** and **$ENPH** suggest effective cost management and pricing power. - Guidance sentiment: There is a mixed sentiment in guidance, with some companies like **$JBLU** showcasing positive outlooks, while others express caution amidst economic uncertainties. ## Earnings Trade Ideas - Consider taking a position in **$LITE**, given its strong earnings report and significant price appreciation, which reflects strong market demand. - **$ENPH** may also be a solid buy as it continues to show robust growth in the renewable energy sector, reinforced by its recent earnings beat.